Government Tender Published for 8-7/16" DIAMOND CORE BIT(Mat code040000419),8-1/2” PDC CORE BIT (Mat Code-040001953) in GANDHI NAGAR, GUJARAT

The eligibility requirements for bidders include being a registered entity with a valid operational license. Bidders must provide specific documentation, including required certificates listed in the ATC (Additional Terms and Conditions). Also, if an exemption from experience or turnover criteria is sought, bidders must upload supporting documents that establish their eligibility for such exemptions.

Bidders are required to submit several certificates, including an OEM Authorization Certificate and any additional documentation requested in the Addendum. These certificates are crucial to ensure compliance with the technical specifications and quality standards necessary for the procurement of diamond core bits and PDC core bits.

The submission of documents must be carried out electronically through the designated online procurement platform. Bidders are required to ensure that all documents are formatted according to the specifications mentioned in the tender guidelines. All submissions should be compliant with the required formats to avoid disqualification.

An Earnest Money Deposit (EMD) of INR 64,130 is mandated upon submission of the bid. Additionally, successful bidders may also be required to provide performance security, which acts as a guarantee for the performance of the contract terms. Detailed payment terms and other financial requirements will be outlined in the tender documents.

Micro, Small, and Medium Enterprises (MSEs) can avail certain benefits under this tender. This includes relaxations in eligibility criteria which can enhance their chances of successfully bidding for government contracts. Also, well-defined provisions for startups allow for easing participation hurdles in the procurement process while supporting the objectives of the Make in India initiative.